Alibaba acquires 100 percent stake in Daraz
The financial details of the transaction were not revealed and Daraz would continue to operate under the same brand following the sale to Alibaba, said Rocket Internet.
Learn how Facebook targets its users with advertisements
NEW YORK: If you want to tailor a Facebook ad to a single user out of its universe of 2.2 billion, you...
Samsung to pay $539 million to Apple in patent retrial
Apple this year told jurors it was entitled to $1 billion in profits Samsung made from selling infringing phones, saying the iPhone’s design was crucial to their success.
Agreement signed for Chromebook assembly line in Pakistan
Assembly line will have an initial production capacity of 500,000 Chromebooks per year and will be scaled up to one million per yearÂ
China denies asking firms for foreign data as TikTok row heats up
Pressure is building on the massively popular video-sharing app -- owned by the Chinese firm Bytedance -- to obtain new ownership or lose access...
Google says its AI supercomputer is faster, greener than Nvidia A100 chip
Alphabet Inc's (GOOGL.O)Â Google released on Tuesday new details about the supercomputers it uses to train its artificial intelligence models, saying the systems...
ZTE paid $2.3 billion to US exporters in 2017
In April this year, the Commerce Department found ZTE had violated the terms of last year’s settlement and banned U.S. companies from providing exports to ZTE for seven years. As a result, ZTE suspended its main operating activities earlier this month
Rs50bn to be spent for IT sector development, says Dr Attaur Rahman
KARACHI: Prime Minister’s National Task Force on Science and Technology Chairman Dr Attaur Rehman has said the incumbent government has planned to...
Pakistan to get faster, reliable internet as China backed submarine cable to start operations by end-2019
LAHORE: Pakistan internet backhaul is expected to receive a significant boost with the addition of an upcoming submarine cable called PEACE cable...
Alibaba vs Tencent in Pakistan?
The battle between China’s internet giants is about to come to Pakistan, and transform the country’s tech industry… but who will it be good for?
KPITB launches govt-owned BPO facility in Peshawar
PESHAWAR: Khyber Pakhtunkhwa Information Technology Board (KPITB) on Thursday announced that it has launched KP’s first-ever government-owned Business Process Outsourcing (BPO) facility in...
Tech startup from Karachi wins Rs1mn in StartUp Cup
LAHORE: The fourth edition of the 2017-18 StartUp Cup, funded by the United States was won by a team from Karachi, Retailistan, that beat 17 other...
Pakistan’s IT exports up by 24% to $3.2bn in FY24
Pakistan's Information Technology (IT) exports have soared to $3.2 billion in the fiscal year 2024, marking a robust 24% year-on-year increase from...
Pakistan, the next outsourcing hub?
With India and the Philippines ratcheting up the rates, will Pakistan be able to jump on the BPO bandwagon?
Lahore-based CodeNinja secures $1.6mn investment from sAi Venture Capital, partners
The investment will help CodeNinja expand its global presence and scale up its services